TALGO - Daily - Technical analysis published on 04/16/2024 (GMT)
- 109
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
39%
33%
28%
My opinion
Neutral between 4.133 EUR and 4.432 EUR
My targets
-
My analysis
There is no basic trend for TALGO and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 4.133 EUR. The first resistance is located at 4.432 EUR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TALGO price is 4.310 EUR. The price has increased by +3.73% since the last closing with the lowest point at 4.150 EUR and the highest point at 4.340 EUR. The deviation from the price is +3.86% for the low point and -0.69% for the high point.4.150
4.340
4.310
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of TALGO indicates that the overall trend is not clearly defined. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.699 | 3.924 | 4.133 | 4.310 | 4.432 | 4.780 | 4.928 |
| Change (%) | -14.18% | -8.96% | -4.11% | - | +2.83% | +10.90% | +14.34% |
| Change | -0.611 | -0.386 | -0.177 | - | +0.122 | +0.470 | +0.618 |
| Level | Major | Intermediate | Major | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.017 | 4.078 | 4.117 | 4.178 | 4.217 | 4.278 | 4.317 |
| Camarilla | 4.128 | 4.137 | 4.146 | 4.155 | 4.164 | 4.173 | 4.183 |
| Woodie | 4.005 | 4.073 | 4.105 | 4.173 | 4.205 | 4.273 | 4.305 |
| Fibonacci | 4.078 | 4.117 | 4.140 | 4.178 | 4.217 | 4.240 | 4.278 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.822 | 3.998 | 4.102 | 4.278 | 4.382 | 4.558 | 4.662 |
| Camarilla | 4.128 | 4.154 | 4.179 | 4.205 | 4.231 | 4.256 | 4.282 |
| Woodie | 3.785 | 3.980 | 4.065 | 4.260 | 4.345 | 4.540 | 4.625 |
| Fibonacci | 3.998 | 4.105 | 4.171 | 4.278 | 4.385 | 4.451 | 4.558 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.597 | 3.838 | 4.167 | 4.408 | 4.737 | 4.978 | 5.307 |
| Camarilla | 4.338 | 4.391 | 4.443 | 4.495 | 4.547 | 4.600 | 4.652 |
| Woodie | 3.640 | 3.860 | 4.210 | 4.430 | 4.780 | 5.000 | 5.350 |
| Fibonacci | 3.838 | 4.056 | 4.191 | 4.408 | 4.626 | 4.761 | 4.978 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.22 | |
| MACD (12,26,9): | -0.0210 | |
| Directional Movement: | 4.138 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 4.295 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.506 | |
| Elder Ray (13): | -0.058 | |
| Super Trend (3,10): | 4.492 | |
| Zig ZAG (10): | 4.310 | |
| VORTEX (21): | 0.9270 | |
| Stochastique (14,3,5): | 19.07 | |
| TEMA (21): | 4.277 | |
| Williams %R (14): | -55.26 | |
| Chande Momentum Oscillator (20): | -0.135 | |
| Repulse (5,40,3): | 0.6700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0070 | |
| Courbe Coppock: | 2.78 |
| MA7: | 4.274 | |
| MA20: | 4.336 | |
| MA50: | 4.371 | |
| MA100: | 4.327 | |
| MAexp7: | 4.277 | |
| MAexp20: | 4.316 | |
| MAexp50: | 4.320 | |
| MAexp100: | 4.233 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | -0.60% | |
| Price / MA50: | -1.40% | |
| Price / MA100: | -0.39% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | +1.82% |
Quotes :
-
15 min delayed data
-
Spain Stocks
News
The latest news and videos published on TALGO at the time of the analysis were as follows:
Talgo SAThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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